Project Pages

Implementation Guidance—2020 Update

Project Description: The objective of this project is to update implementation guidance for additional issues that come to the attention of the staff. This project will result in the issuance of an annual Implementation Guide. In addition, all updates will be incorporated into the Codification of Governmental Accounting and Financial Reporting Standards and the Comprehensive Implementation Guide, as appropriate.

Status: Implementation Guide No. 2020-1, Implementation Guidance Update—2020, cleared for issuance: April 2020

Implementation Guidance—2020 Update—Project Plan


Background
: Implementation guidance is updated annually through the addition of new questions and answers.

Project History:
  • 2020 update project added to current technical agenda: April 2019
  • Consultative group appointed? No
  • Deliberations on 2020 update began: October 2019
  • Exposure Draft of 2020 update cleared: November 2019
  • Comment period: December 2019–January 2020
  • Redeliberations began: March 2020
  • Implementation Guide No. 2020-1, Implementation Guidance Update—2020, cleared for issuance: April 2020  

Implementation Guidance—2020 Update—Minutes


Minutes of Meetings, March 24–26, 2020

The Board reviewed a preballot draft of a final Implementation Guide, Implementation Guidance Update—2020, and provided suggestions for clarifying edits. The Board did not object to the preparation of a ballot draft of a final Implementation Guide for consideration at the April 2020 teleconference.

Minutes Archive